Aeluma, Inc. is a US-based semiconductor company that develops high-performance optoelectronic and electronic devices for sensing, communication, and computing applications. The company specializes in manufacturing compound semiconductor materials and chips on large-diameter silicon wafers. Its products, which include shortwave infrared sensors and quantum dot lasers, are utilized across mobile, automotive, artificial intelligence, and defense markets.
Financial Statements
In thousands, USD
FY 2025
FY 2024
FY 2023
FY 2022
Total Revenues
4,665
919
193
—
Cost of Sales
1,884
619
109
—
Gross Profit
2,781
300
84
—
Selling, General & Administrative Expenses
3,628
2,356
3,062
2,670
Research & Development Expenses
1,295
2,507
2,532
1,064
Operating Profit
(2,142)
(4,563)
(5,510)
(3,734)
Interest and Investment Income
113
1
1
2
Interest Expense
(715)
—
—
—
Non-Operating Income
(278)
—
129
280
Total Non-Operating Income
(880)
1
130
282
Income Before Provision for Income Taxes
(3,022)
(4,562)
(5,380)
(3,452)
Consolidated Net Income
(3,022)
(4,562)
(5,380)
(3,452)
Net Income Attributable to Common Shareholders
(3,022)
(4,562)
(5,380)
(3,452)
Basic EPS
-0.23
-0.37
-0.47
-0.32
Diluted EPS
-0.23
-0.37
-0.47
-0.32
Basic Weighted Average Shares Outstanding
13,168
12,298
11,379
10,650
Diluted Weighted Average Shares Outstanding
13,168
12,298
11,379
10,650
Shares Outstanding
15,864
12,178
12,818
10,650
FY 2025
FY 2024
FY 2023
FY 2022
Cash and Cash Equivalents
15,740
1,291
5,072
3,741
Total Cash and Cash Equivalents
15,740
1,291
5,072
3,741
Accounts Receivable
962
60
189
—
Total Trade Receivables
962
60
189
—
Other Current Assets
633
42
73
690
Total Current Assets
17,335
1,393
5,334
4,431
Net Property, Plant & Equipment
2,054
2,431
1,807
1,463
Net Intangible Assets
4
7
10
13
Other Long-Term Assets
13
13
13
24
Total Assets
19,406
3,844
7,164
5,931
Accounts Payable
361
317
462
114
Accrued Expenses
206
181
133
101
Current Portion of Leases
138
129
162
157
Total Current Liabilities
705
627
757
372
Leases
803
941
296
459
Total Long-Term Liabilities
803
941
296
459
Total Liabilities
1,508
1,568
1,054
831
Common Stock
2
1
1
1
Additional Paid-in Capital
34,542
15,899
15,171
8,781
Retained Earnings
(16,646)
(13,624)
(9,062)
(3,682)
Total Common Shareholders' Equity
17,898
2,276
6,110
5,100
Total Shareholders' Equity
17,898
2,276
6,110
5,100
Total Liabilities and Shareholders' Equity
19,406
3,844
7,164
5,931
FY 2025
FY 2024
FY 2023
FY 2022
Net Income
(3,022)
(4,562)
(5,380)
(3,452)
Depreciation & Amortization
415
311
206
99
Share-Based Compensation Expense
1,893
732
448
204
Other Adjustments
1,013
33
920
849
Changes in Trade Receivables
(902)
129
(189)
—
Changes in Accounts Payable
44
(144)
348
46
Changes in Accrued Expenses
22
48
0
6
Changes in Other Operating Activities
(611)
(2)
8
(5)
Cash from Operating Activities
(1,148)
(3,455)
(3,638)
(2,253)
Capital Expenditure
(161)
(322)
(673)
(956)
Cash from Investing Activities
(161)
(322)
(673)
(956)
Issuance of Long-Term Debt
3,145
—
—
—
Net Issuance / (Repayments) of Long-Term Debt
3,145
—
—
—
Issuance of Common Shares
12,613
—
5,641
207
Repurchases of Common Shares
—
(4)
—
—
Net Issuance / (Repurchases) of Common Shares
12,613
(4)
5,641
207
Other Financing Activities
—
—
—
(45)
Cash from Financing Activities
15,758
(4)
5,641
162
Increase / (Decrease) in Cash, Cash Equivalents and Restricted Cash